Brazil is pushing to reform the World Bank and the IMF
Gesara.news » News » Brazil is pushing to reform the World Bank and the IMFNews Date: October 5, 2023
Brazil's G20 presidency is focused on leveraging its influence to drive essential reforms within the IMF and the World Bank.
The nation aims to enhance the representation of emerging economies, including the BRICS nations, in these institutions.
Additionally, Brazil is exploring alternative financial mechanisms like the BRICS Bank to complement the existing global financial architecture.
This proactive approach seeks to create a fairer and more inclusive global economic order.
After studying time machine notes and inventions of Nikola Tesla he told the government he did not find anything. He could have lied to keep the inventions to himself and out of the hands of the government.
However, The Mystery of Nikola Tesla Missing Files remain.
Donald Trump about his uncle: He was a great expert. He was a great, brilliant genius.
The book written in 1893 called Baron Trumps Marvelous Underground Journey, is about a boy named Baron Trump who found a portal and used it for time travel. That name might sound familiar to you. Donald Trump youngest son is Baron Trump.
Three years later in 1896 the same author writes a sequel to the book and he calls it the last president. The book is about a very wealthy man who lived in New York in 5th avenue who ran for president.
Trump used to live before he went to the White House at 725 5th Avenue, New York.
Sources: www.youtube.com, www.youtube.com
Abraham Accords still paying dividends More countries should join!
This is Israel's second memorandum with an Arab nation.
Thanks to President Donald Trump for this initiative.
The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue.
The new Basel 3 regulations seem set to encourage this trend, despite retail depositors being accorded a stable funding status. Central bank digital currencies are anticipated to augment and perhaps replace non-financial business credit over the next five to ten years.
But the increasing financialisation of commercial banking brings the risk of tying its future firmly to a financial bubble. And with price inflation on the increase, it is only a matter of very little time before that bubble bursts.
Sources: www.cnbc.com, www.goldmoney.com
If Democrats will not make a deal, President Donald Trump will pursue executive action in order to extend economic relief for the American people.
Payroll Tax Cut
Student Loan Repayment Options
Economic relief for American people
In an international gold-standard system, gold or a currency that is convertible into gold at a fixed price is used as a medium of international payments. Under such a system, exchange rates between countries are fixed; if exchange rates rise above or fall below the fixed mint rate by more than the cost of shipping gold from one country to another, large gold inflows or outflows occur until the rates return to the official level.
President Franklin Roosevelt suspended the gold standard in 1933, a move which is widely credited with helping the country climb out of the Depression.
Sources: youtube.com, www.cbsnews.com